Downtown
AutoZone beats Wall Street projections with double-digit sales, earnings growth
AutoZone has about 100,000 employees including about 2,500 in the Memphis area.
Wayne Risher
Reporter
Business news reporter, 43-year veteran of print journalism, 35-year resident of Memphis, University of Georgia alumnus and proud father and spouse of University of Memphis graduates.
There are 745 articles by Wayne Risher :
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December 2020
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Update
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Transportation & Logistics FedEx lands contract for vaccine distribution in Canada
The Canadian government has agreements with seven vaccine makers including Pfizer and Moderna.
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Business Terminix names former Pier 1 exec as next CFO
Terminix has named Robert “Bob” Riesbeck, former CEO of Pier 1 Imports, as its next chief financial officer, in a corporate leadership move that’s been brewing since early 2020.
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Transportation & Logistics FedEx: Putting the speed in Operation Warp Speed
Vice President Mike Pence, CDC director and Health and Human Services Secretary paid a courtesy call on FedEx Dec. 3 to talk COVID-19 vaccine distribution and FedEx’s role in it.
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Real Estate River views beckon, when office workers return
It’s spacious, it’s modern and everybody can take advantage of river views. But most of its newly renovated workstations and offices are empty because of COVID-19.
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Transportation & Logistics Pence praises Tennessee, FedEx for COVID response
Vice President Mike Pence called Memphis-born FedEx “a remarkable American company” and said it will be crucial to successful execution of a COVID-19 vaccination program.
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Business International Paper to spin off printing paper, double down on packaging
Memphis-based International Paper said Thursday, Dec. 3, it would spin off its printing papers segment and concentrate on growing corrugated packaging, an essential component of e-commerce.
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Transportation & Logistics TSA beefs up airport security checkpoint to reduce contact
New ID card scanners, a computerized tomography baggage scanner and other measures have arrived at Memphis International Airport B Checkpoint as part of TSA’s Stay Healthy, Stay Secure campaign.
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Transportation & Logistics FedEx to buy online shopping platform
The addition continues FedEx’s strategy of serving businesses that compete with e-commerce giant Amazon.
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Transportation & Logistics FedEx on Pence’s Memphis itinerary for Warp Speed
Vice President Mike Pence is visiting Memphis Thursday, Dec. 3, to discuss Operation Warp Speed.
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November 2020
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Transportation & Logistics FedEx kicks into high gear as peak season arrives
FedEx was expected to handle about 26 million shipments on Cyber Monday, Nov. 30, and more than 24 million shipments a day on Dec. 1, Dec. 7 and Dec. 14.
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Real Estate COVID takes bite out of Downtown tourism fund
Four months of the COVID-19 pandemic carved $4.2 million out of annual income from the Downtown Memphis Tourism Development Zone.
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Real Estate COVID-19 drives private takeover of Memphis self-storage company
Jernigan Capital was a publicly traded Memphis company on a path to grow in the self-storage industry before COVID-19. The pandemic slammed the stock and helped take it private.
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Transportation & Logistics Indy nonstop lasts 40 days as air travel shakedown continues
Delta Air Lines told Memphis International Airport officials it didn’t generate enough business to justify continuing a Memphis-Indianapolis nonstop that began Oct. 1.
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Transportation & Logistics Family seeks $3 million in FedEx hub death
The family of a man killed in a Nov. 13, 2019, accident at the FedEx Memphis hub is seeking damages from FedEx and a supplier of a cargo containers.
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Business Designers look outward in convention center revamp
Overseers of the Renasant Convention Center project took media representatives on a tour of the nearing-completion project Tuesday afternoon, Nov. 17.
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Transportation & Logistics Georgia port exec touts red hot growth from Memphis
One in five intermodal shipping containers handled at the Port of Savannah’s expanding Garden City Terminal are headed to or from Memphis, and the volume is growing by double digits.
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Premium
Real EstateConvention center project almost ready to turn lights on
The nearly $200 million modernization of the Renasant Convention Center is winding down. A lighting ceremony is scheduled for 6 p.m. Tuesday, Nov. 17, to mark the occasion.
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Premium
Transportation & LogisticsRegime change could benefit Memphis economy
A Democrat in the White House and divided control of Congress may be good for the city: relaxed trade and immigration policies, more stimulus spending, status quo on taxes.
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Spirit of Memphis Why glamping, Topgolf and an aquarium never made it to Mud Island
With millions of dollars of work needed at Mud Island, what happened with all the other ideas for some of Memphis’ most valuable property?
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Transportation & Logistics FedEx, Dell, Switch launch new IT collaboration
Dell, Switch and FedEx said Thursday, Nov. 12, they’ll build technology hubs that can support multiple cloud environments with Switch’s edge data centers and Dell’s cloud infrastructure.
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Health Care FedEx ‘incredibly confident’ in vaccine delivery plan
FedEx is in daily contact with stakeholders in the COVID-19 vaccine supply chain, from manufacturers and distributors to government agencies to some sites where vaccines will be administered.
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Transportation & Logistics FedEx ramps up for COVID-19 vaccine distribution
FedEx is hiring, buying freezers and working with pharmaceutical companies to plan a massive distribution effort for the coronavirus vaccine, in which Memphis is expected to play a crucial role.
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Update
Health CareStryker completes purchase of Wright Medical
Wright Medical has about 700 employees in the Memphis area.
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City of Memphis Protect Our Aquifer taps Jim Kovarik as executive director
Protect Our Aquifer, which is dedicated to protecting the Memphis Sand Aquifer that provides the region with drinking water, has hired its first executive director, Jim Kovarik.
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